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The loans backed by congestion pricing revenue weren't taken out until this year https://www.bloomberg.com/news/articles/2025-05-07/ny-mta-gets-500-million-loan
by CryptoBanker 10mo ago
The loans backed by congestion pricing revenue weren't taken out until this year
https://www.bloomberg.com/news/articles/2025-05-07/ny-mta-gets-500-million-loan-backed-by-congestion-toll-revenue https://www.bloomberg.com/news/articles/2025-05-07/ny-mta-ge...
That money you're talking about was money that was already spent to implement congestion pricing
- ceejayoz 10mo agoOne specific loan was taken out this year. (And planning tends to preceed the actual loans.)
- CryptoBanker 10mo agoPlanning is not the same as spending
- JumpCrisscross 10mo agoIt’s not shovel-ready spending. But it’s absolutely part of the process, and not one you can skip in a democracy.
- CryptoBanker 10mo agoThat article was about expenses related to implementing congestion pricing, so I'm not sure what your argument is here